State Senator Sandy Greiner has confirmed that she will continue to serve as president of the American Future Fund, a 501(c)4 advocacy organization. In an e-mail to Iowa Independent,

Greiner said she stepped down from the board of directors of the group’s political action committee. However, she will remain as president of the organization’s regular board of directors.

That is ludicrous. The American Future Fund’s PAC raised and spent about $85,000 during the 2010 election cycle, whereas the American Future Fund 501(c)4 raised and spent more than 100 times that amount ($9.6 million). The 501(c)4 was among the top 10 outside election spending groups nationwide.

Serving in the state legislature while heading a politically active group that does not disclose its donors strikes me as a major conflict of interest. The American Future Fund The Under the Golden Dome blog posted a few questions that Greiner should answer:

Is Sandy getting paid as the Board President? Who is paying her? Does the American Future Fund have any business before the legislature? As a member of the Government Oversight Committee, will Sandy be involved in the debate over campaign finance reform?

Share any relevant thoughts in this thread.

UPDATE: Representatives of Public Campaign Action Fund, Public Citizen and Iowa Citizens for Community Improvement have called on Greiner to resign from the American Future Fund.